Loans are a form of financial aid that
Let's take a look at a brief history of the First City Monument Bank (FCMB)
History of First City Monument Bank (FCMB)
The history of the First City Monument Bank (FCMB) began far back in 1977 when the City Securities Ltd was established. With great progress from the venture, the First City Merchant Bank was licensed in 1982, becoming the first local bank in Nigeria to be established without government support.
The bank grew and by the turn of the decade in 1990, the bank was a clear leader in investment banking, increasingly attracting and developing highly skilled staff. It progressed in operations and in 2001, the bank changed its name from First City Merchant Bank to First City Monument Bank. This change was following FCMB’s transformation to a universal bank. By 2004, the bank's Private placement of shares raised over N7bn, followed by its conversion to a public liability company. In the same year, FCMB was officially listed on the Nigerian Stock Exchange.
Types of Loan Offered by FCMB
How to Apply for a Loan from FCMB
Conclusion
You can also read our articles on how to get loans from banks like Zenith BAnk, FIrst Bank, Polaris Bank and Access Bank among others.
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